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Problem 2.
THE PROBABILITY THAT A RANDOMLY CHOSEN SALES PROSPECT WILL MAKE A PURCHASE IS 0.20. IF A SALESMAN CALLS ON SIX
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A MAIL-ORDER FIRM HAS A CIRCULAR WHICH ELICITS A 10 % RESPONSE RATE. SUPPOSE 20 OF THE CIRCULARS ARE MAILED AS A MARKET TEST IN
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THE MAXIMUM NUMBER OF CUSTOMERS ARRIVING DURING RANDOMLY CHOSEN 10-MIN INTERVALS IS 5 AT A DRIVE-IN FACILITY SPECIALIZING IN
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A MAIL-ORDER FIRM HAS A CIRCULAR WHICH ELICITS A 10 % RESPONSE RATE. SUPPOSE 20 OF THE CIRCULARS ARE MAILED AS A MARKET TEST IN A NEW GEOGRAPHIC AREA. ASSUMING THAT THE 10% RESPONSE RATE IS APPLICABLE IN THE NEW AREA, DETERMINE THE PROBABILITIES OF THE
It is first approach and has no relation to the chronological sequence of the s. It is the first cave on the eastern end of the horse-shoe shaped cave. According to Spink, it is one of the latest caves to have begun on site and brought to near-completion